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Complete Trading Dashboard + Stop Loss Calculator

## **What Does This Indicator Do?**
This is like having a **smart trading assistant** that helps you:
1. ✅ Calculate exactly how much money to risk on each trade
2. ✅ Know when it's a good time to enter a trade (LONG or SHORT)
3. ✅ See what the market is doing right now
4. ✅ Never lose more money than you planned
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## 🎯 **MAIN FEATURES (Explained Simply)**
### **1️⃣ Entry Score Window (Traffic Light System)**
- **What it does:** Tells you if NOW is a good time to buy (LONG) or sell (SHORT)
- **How it works:** Like a traffic light! 🚦
- **Green 80%+ = GO!** ✅ Very good entry opportunity
- **Yellow 60-80% = CAREFUL** ⚠️ Moderate opportunity
- **Red below 60% = STOP** 🛑 Not a good time
- **Best part:** It checks 3 different timeframes automatically (like asking 3 experts instead of 1!)
**Example:** If you see "LONG 85% ⭐⭐" = Strong signal to BUY!
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### **2️⃣ Stop Loss Calculator (Your Safety Net)**
- **What it does:** Calculates EXACTLY where to exit if the trade goes wrong
- **Why you need it:** So you never lose your entire account!
**Simple Example:**
- You have $10,000 in your account
- You want to risk only 1% = $100
- The indicator shows you:
- ✅ Entry price: $50,000 (where to enter)
- ✅ Stop Loss: $49,000 (where to exit if losing)
- ✅ Take Profit: $53,000 (where to exit if winning)
- ✅ Position size: Exactly how much to buy
**Works for BOTH:**
- **Crypto/Stocks** (Bitcoin, Tesla, etc.)
- **Forex** (EUR/USD, GBP/USD) - Calculates in LOTS automatically!
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### **3️⃣ Market Condition Score**
- **What it shows:** Is the market GREEDY 🔥 or FEARFUL 😰?
- **Why it matters:**
- High score (70+) = Market is excited, prices moving fast
- Low score (30-) = Market is scared, prices dropping
**Think of it like:** Checking if it's sunny ☀️ or stormy ⛈️ before going outside
---
### **4️⃣ Pivot Points (Support & Resistance)**
- **What it shows:** Important price levels where price might bounce or stop
- **Simple explanation:**
- **Support** = Floor (price might bounce UP from here) 🟢
- **Resistance** = Ceiling (price might bounce DOWN from here) 🔴
**Shows you:** How close the current price is to these important levels
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### **5️⃣ Timeframe Bias (The Big Picture)**
- **What it shows:** Which direction are bigger traders moving?
- **Checks:** 4-Hour and Daily charts to see the "big money" direction
- **Why it matters:** Like checking which way the river flows before jumping in!
**Example:**
- 4H Bias: Bullish ▲ = Big traders are buying
- Daily Bias: Bullish ▲ = Even bigger traders are buying
- **Result:** Safer to trade LONG!
---
### **6️⃣ Technical Indicators (Simple)**
**RSI (Overbought/Oversold):**
- Above 70 = Price too high, might drop soon
- Below 30 = Price too low, might rise soon
**MACD (Momentum):**
- Bullish = Price has energy going UP 📈
- Bearish = Price has energy going DOWN 📉
**ATR (Volatility):**
- High = Price moving A LOT (dangerous but profitable)
- Low = Price moving slowly (safer but less profit)
**VWAP (Average Price):**
- Above VWAP = Price is strong ▲
- Below VWAP = Price is weak ▼
---
## 🎨 **VISUAL FEATURES**
### **Price Lines on Chart:**
- **Blue/Orange Line** = Your Entry Price
- **Red Dashed Line** = Your Stop Loss (exit here if losing)
- **Green Dashed Line** = Your Take Profit (exit here if winning)
### **Signal Dots on Chart:**
- **Green Triangle UP** = Good time to BUY (LONG) 🟢
- **Red Triangle DOWN** = Good time to SELL (SHORT) 🔴
- Shows the score on each dot!
---
## 🔔 **ALERTS**
Set alerts at different levels:
- **75%+** = Decent signal
- **80%+** = Good signal
- **85%+** = Strong signal
- **90%+** = EXCELLENT signal ⭐
You'll get notified on your phone when opportunities appear!
---
## ⚙️ **HOW TO USE (Step by Step)**
### **For Beginners:**
1. Add indicator to your chart
2. Set your **Deposit** amount (how much money you have)
3. Set **Position Size %** (2% is recommended = safe)
4. Set **Max Loss %** (1% is recommended = very safe)
5. Choose **Market Type**: Crypto/Stocks OR Forex
6. Watch the **Entry Score** - Wait for 80%+ signals!
7. When you see a good signal, check the **Stop Loss Calculator** for exact prices
### **For Advanced Traders:**
- Adjust **Risk/Reward Ratio** (Default 1:3 = risk $100 to make $300)
- Change **Leverage** (Higher = more profit but more risk!)
- Enable **Auto Direction Based on VWAP** (automatic LONG/SHORT)
- Use **ATR for Stop Loss** (dynamic stops based on volatility)
- Customize which sections to show/hide
---
## 💡 **REAL EXAMPLE**
**Scenario:** Trading Bitcoin
1. **Entry Score shows:** LONG 87% ⭐⭐ (EXCELLENT!)
2. **Stop Loss Calculator shows:**
- Entry: $45,000
- Stop Loss: $44,100 (2% below)
- Take Profit: $47,700 (1:3 ratio)
- Position Size: $200 with 5x leverage = $1,000 position
- Max Risk: $20 (1% of $2,000 deposit)
3. **Market Analysis shows:**
- 4H Bias: Bullish ▲
- Market Condition: 75 (Optimistic)
- RSI: 45 (Neutral, good for entry)
- Price near S1 Support
4. **Decision:** ✅ This is a GREAT setup! All signals aligned!
---
## ⚠️ **IMPORTANT SAFETY TIPS**
1. **Never risk more than 1-2% per trade** (Keep your account safe!)
2. **Wait for 80%+ entry scores** (Don't trade every signal)
3. **Always use Stop Loss** (Protect yourself!)
4. **Check higher timeframe bias** (Trade with the big trend)
5. **Start with small position sizes** (Learn first, profit later)
---
## 🎯 **WHO IS THIS FOR?**
✅ **Beginners:** Simple traffic light system + automatic calculations
✅ **Intermediate:** Multiple timeframe analysis + risk management
✅ **Advanced:** Full technical analysis + customizable parameters
✅ **Day Traders:** Fast signals on lower timeframes
✅ **Swing Traders:** Higher timeframe bias confirmation
✅ **Forex Traders:** Automatic lot size calculations
✅ **Crypto Traders:** Leverage and position size optimization
---
## 📱 **BEST PRACTICES**
1. Use on **15-minute to 4-hour charts** for best signals
2. Set **alerts at 85%+** for high-quality opportunities only
3. Always check **all 3 sections** before entering:
- Entry Score (80%+)
- Market Condition (not extreme fear/greed)
- Timeframe Bias (aligned with your direction)
4. **Paper trade first!** (Practice without real money)
5. Keep a trading journal of your entry scores vs results
---
This indicator is **100% FREE** and includes:
- ✅ Multi-timeframe entry scoring
- ✅ Complete stop loss calculator
- ✅ Market analysis dashboard
- ✅ Price level lines
- ✅ Signal dots with alerts
- ✅ Forex AND Crypto support
**No hidden features. No upgrades needed. Everything included!**
---
## ❓ **SIMPLE Q&A**
**Q: What's the best entry score to trade?**
A: Wait for 80% or higher (85%+ is even better!)
**Q: Can I use this for day trading?**
A: Yes! Works on any timeframe (15m, 1h, 4h, Daily)
**Q: Do I need other indicators?**
A: No! Everything you need is included
**Q: How much should I risk per trade?**
A: Start with 1% of your account (very safe!)
**Q: Does it work on Forex?**
A: Yes! It automatically calculates lot sizes for Forex
**Q: What's the Risk:Reward ratio mean?**
A: 1:3 means risk $100 to potentially make $300
**Q: Can I customize the dashboard?**
A: Yes! Show/hide any section in settings
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## 📊 **PERFORMANCE TIPS**
To get the best results:
1. ⭐ Only trade when Entry Score is 80%+
2. ⭐ Check that 4H and Daily bias match your direction
3. ⭐ Enter near Support (for LONG) or Resistance (for SHORT)
4. ⭐ Use 1:3 or higher Risk:Reward ratio
5. ⭐ Never skip the Stop Loss!
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**Remember:** This tool helps you make BETTER decisions, but it's not magic! Always practice good risk management and never trade with money you can't afford to lose.
**Good luck and trade safe! 🚀📈**
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Geschütztes Skript
Dieses Script ist als Closed-Source veröffentlicht. Sie können es kostenlos und ohne Einschränkungen verwenden – erfahren Sie hier mehr.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Geschütztes Skript
Dieses Script ist als Closed-Source veröffentlicht. Sie können es kostenlos und ohne Einschränkungen verwenden – erfahren Sie hier mehr.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.